The Weeknd Net Worth 2018: How Much Is Abel Makkonen Tesfaye Worth

If the name Abel Makkonen Tesfaye doesn’t ring a bell, then you better get your act together because that is the alter ego of The Weeknd! You may have heard of him through his singles, albums or even his mix-tapes, but he’s certainly someone who rose to the top to become a household name (or at least, a household stage name!) Let’s take a look at his life and career over the years, starting with his net worth.

Abel Makkonen Tesfaye Net Worth: $92 Million

Abel Makkonen Tesfaye’s net worth is estimated to be around $92 million. Let’s take a look at his career over the years to see just how he came so far.

The Early Years

Tesfaye was born in Toronto, Ontario, the son of Ethiopian immigrants to Canada who relocated to North America the decade before. For many periods of his early life, he was raised by his mother and grandmother. Tesfaye attended West Hill Collegiate Institute and Birchmount Park Collegiate Institute, although he did not graduate.

2010-2011

Tesfaye later took on the stage name “The Weeknd” as a performer; the name is intentionally misspelled to avoid trademark issues with a Canadian band called the weekend. In 2010, Tesfaye met with producer Jeremy Rose, with the two collaborating on an album that was eventually scrapped, along with some singles: “What You Need,” “Loft Music” and “The Morning.” Told he could release them as long he Rose was credited. By the end of the year, Tesfaye uploaded the three songs to his YouTube account under his stage name. The following year, Tesfaye self-released his debut mix-tape: House of Balloons, starting what would later become known as the Balloons Trilogy; the other two albums included Thursday and Echoes of Silence, released towards the end of the year. These mix-tapes would later help get Tesfaye noticed by record labels.

2012-2014

Starting his professional career, Tesfaye started his first tour of the United States with a performance at the Coachella Festival, he later expanded to European tours, including festivals in Spain, Portugal and London. By 2012, he later signed on with Republic Records in a joint venture with his own imprint, XO. Around this time, he released a compilation album based on his three mix-tapes, dubbed Trilogy. By 2014, he became more well-known for his singles, such as “Love Me Harder,” a duet with Ariana Grande, or “Eanred It,” a promotional song for Fifty Shades of Grey.

2015-Present

By the summer of 2015, Tesfaye released his second studio album, Beauty Behind the Madness, which debuted atop the Billboard 200. Believed to be the most-stream album throughout the year, he also became the first male artist to have simultaneously held the top three spots on the Billboard Hot R&B Songs chart around the time, although it was thanks to singles released before the album. By 2016, the following year, he issued his third studio album, Starboy. More or less treated as both his fourth studio album and his first extended play, he released the mini album My Dear Melancholy, in 2018.